S'pore firm partners with Johor ruler in gold mining venture

A Singaporean company has entered into a joint-venture (JV) agreement with the Johor ruler to mine gold and other minerals in Tenggaroh, Johor.

According to Southern Alliance Mining Ltd's filing to the Singapore Stock Exchange, the exploration, mining, and processing of gold ore will take place on land either owned by the Johor ruler or land which the latter will be able to apply for exploration and/or mining approval...